| Last Updated ( Tuesday, 07 August 2012 18:27 ) | |
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| Kite Closes on $37.5 Million Construction Loan |
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Holly Springs, N.C. — Kite Realty Group Trust has secured $37.5 million in construction financing for the 375,000-square-foot Phase I of Holly Springs Towne Center. A 135,000-square-foot Target will shadow anchor the first phase of the project. Dick's Sporting Goods, Marshalls, Michaels and Petco will anchor the center. Other tenants include Pier 1 Imports, ULTA and Charming Charlie. Bank of America provided the three-year loan with an option to extend for two additional years.More Latest News
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Industry Headlines from the Web
- Starwood Capital Goes Shopping for Malls - Fox Business
- Dallas to build shopping strip to complement convention center - Dallas Business Journal
- Summit shopping center sold for $111.5 million - Business First of Louisville
- Chipotle, Papa Murphy's planned for East Sacramento shopping center - Sacramento Business Journal
- Zandale shopping center sells for nearly $10 million - Lexington Herald Leader
- Kimco sells Mexican shopping center properties - MSN Money
- Cherry Hill shopping center loses two tenants - Philadelphia Business Journal (blog)
- CVS coming to site of old Arden shopping center - Sacramento Business Journal
- New life, new business on the way for North Park Shopping Center - 14 News WFIE Evansville
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